By John Lee. Writing in Foreign Policy, Iraqi Prime Minister Mustafa al-Kadhimi says that after leaning heavily on the United States, Iraq is finding its own footing. Original article (subscription required): On Biden's Middle East Visit, He Will See a New Iraq at the Table Summary of the main points of the article, according to […]
By John Lee. US-based contractor KBR is to carry out the design work for Iraq's Ratawi (aka Artawi) Central Complex development. The work is part of the Ratawi gas-field project in Basra, which is being carried out by the South Gas Company (SGC) in cooperation with France's TotalEnergies. KBR's involvement was confirmed in a statement […]
By John Lee. A Beirut-based delivery startup has said it will use new funding to support expansion in Iraq. Toters last month raised more than $15 million in series-B funding from the International Finance Corporation (IFC), March Holding, and BY Venture Partners, having previously raised over $5 million in two previous rounds. According to Naharnet, […]
By John Lee. The Iraqi Ministry of Oil has confirmed reports that three major US-based oilfield services companies have informed the Ministry that they will refrain from entering into new projects Iraqi Kurdistan. It says that Schlumberger, Baker Hughes and Halliburton have made the commitment to comply with the Federal Supreme Court ruling that oil […]
By James Jeffrey, Matthew Amitrano and Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The KRG Turns Thirty: The Future of U.S.-Kurdish Relations in Iraq Three experts evaluate the KRG's oil and gas industry […]
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Necessary U.S. Role in Fixing the Baghdad-Kurdistan Energy Dispute On February 15, 2022, Iraq's Federal Supreme Court ruled that the 2007 oil and gas […]
By Dr Andrew L. Peek, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The immutable Muqtada al-Sadr loses a battle against Iran The June 12 decision by Iraqi Shia cleric Muqtada al-Sadr to renounce his electoral victory and collapse […]
By John Lee. US-based engineering company Kellogg Brown & Root (KBR) has agreed to a settlement of nearly $14 million to resolve allegations of fraud relating to its activities in Iraq. According to a statement from the US Department of Justice, the claims resolved by the settlement are allegations only and there has been no […]
Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to deploy its DN Series ATMs in Iraq. The bank's ATMs will be monitored by Vynamic View software to detect and prevent downtime, optimize performance and reduce costs for the bank. Sara Ahmad, chief executive officer at Al Qurtas Islamic Bank, said: "We […]
U.S. Embassy Baghdad announces an online auction from June 26 to July 03, 2022. This is a routine auction to dispose of excess used property; U.S. Embassies all around the world routinely hold these types of auctions to dispose property that is no longer needed by the U.S. Government. The auction will be open to […]
By Jennifer Gavito, Qubad Talabani, Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The KRG Turns Thirty: The Future of U.S.-Kurdish Relations in Iraq In the second of three discussions marking the thirty-year anniversary […]
By John Lee. Ambassador Alina L. Romanowski has presented her credentials to serve as U.S. Ambassador to Iraq to President Barham Salih and Foreign Minister Fuad Hussein. She later met with Prime Minister Mustafa al-Kadhimi to discuss the U.S.-Iraq strategic partnership. Ambassador Romanowski thanked President Barham Salih, Prime Minister Mustafa al-Kadhimi, and Minister Fuad Hussein […]
